Industry

Canacol Energy acquires Shona Energy

The shareholders of Shona Energy Company, Inc. approved the Plan of Arrangement. The company will be acquired by Canacol Energy Ltd. Shareholders of Shona Energy will receive 1.0573 shares of Canacol Energy and $CDN0.0896 cash per share held. Shona Energy was removed from the S&P/TSX Venture Composite Index yesterday after the close.

By Staff |December 18, 2012

1 min read

CMHC announces covered bond framework

The CMHC has revealed the details of the legal framework for Canadian covered bonds.

By Staff |December 18, 2012

2 min read

Finance tips for Santa

Santa’s on a tight deadline. He’s got less than a week to make sure all presents are packed and his reindeer are fit to take flight. The end of year is also a crucial time for last minute financial planning. Read: Santa makes the big bucks in 2012 “Santa is not only Canadian, he is […]

By Staff |December 18, 2012

2 min read

Hedge fund managers found guilty of insider trading

Level Global Investors managers are convicted of insider trading.

By Wire services |December 18, 2012

1 min read